Millennials and Money: Living the Broke and Beautiful Life

(PODCAST) It's the premiere episode of Neale's "Money for Life" podcast! Our first guest is Stefanie O'Connell, millennial money expert and author of "The Broke and Beautiful Life," 10 Ways to Live Within Your Means,” and “How to Travel the World for Practically Nothing."

Stefanie O'Connell was well on her way to becoming a Broadway star — until the recession hit. The economic collapse forced her to rethink her future in a very big way.

Stefanie started her blog “The Broke and Beautiful Life” five years ago after realizing that her dream job of being an actress wouldn’t pay her expenses–not by a long shot.

Featured in major media outlets from Dr. Oz, CBS News, The Wall Street Journal, Huffington Post and Forbes, she specializes in personal finance (with an emphasis on personal). Stefanie engages those who shy away from the word "investing," scoff at the word "budget," and equate interest rates with "snooze fest."

She encourages readers to redefine their relationship with money and approach budgeting as an exciting and sexy tool to transform from broke to beautiful.

Her website is www.stefanieoconnell.com.

Episode details:

2:00 How Stefanie lost her acting job

8:00 How to foster a positive money attitude

11:15 Money attitudes: millennials vs. Baby Boomers

14:00 Why millennials resist 401K and retirement plans

16:40 Millennial Mom Stress

Comments
No. 1-0
StaceyProsser
StaceyProsser

Great interview!

NealeGodfrey
NealeGodfrey

Editor

I enjoyed this interview with Stefanie. Starting August 23, a new episode will post every Wednesday for the foreseeable future.

TerryPotter
TerryPotter

Informative episode. When's the next one?

TaylorJones
TaylorJones

Broke and beautiful? I'd never put those two words together. But after listening to this podcast, I understand now. Great podcast.

lbrindley
lbrindley

Rent is quite expensive, and it is often difficult to put money into a retirement account every month. What percent of your income should go to rent/condo fees?

Stories